Debtism Rules Nearly Half of All US Households

According to a Pew Charitable Trust analysis of Federal Reserve survey data, 47% of U.S. households spend 100% of their income, go into debt, or dip into savings so they can cover their annual expenses. On top of that, a typical U.S. household was found to have sufficient cash reserves  to cover their expenses for only 21 days if the breadwinner lost […]